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“# CryptoQuant CEO says Coinbase Bitcoin outflows are a ‘bullish signal’ ” Recent Bitcoin (BTC) outflows from Coinbase are reminiscent of the “proof-of-keys” days and could be a sign of a bullish future, according to CryptoQuant CEO Ki Young Ju. Data from the cryptocurrency analysis firm shows that more than 15,200 BTC, currently worth over…
“# Bitcoin price is sideways, silver hits a 7-year high and XRP’s rally pops ” Bitcoin (BTC) price spent the day trading in a tight range between $32,000 and $34,000. At the time of writing, the digital asset is pinned below the descending trendline resistance and each attempt to cross above it is met by…
“# Price analysis 2/1: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BCH, BNB, XLM ” Tesla CEO Elon Musk recently voiced his support for Bitcoin (BTC) during a chat with Clubhouse. Musk said that his friends tried to onboard him to the Bitcoin bandwagon as early as 2013, but the world’s richest man did not…
“# What short squeeze? Here’s what is really behind XRP’s recent 170% rally ” Between Jan. 30 and the early hours of Feb. 1, XRP price pumped 147%, reaching $0.76 which is its highest level in two months. The move seems to have been fueled by r/Satoshistreetbets, an off-shoot of r/Wallstreetbets. It seems that speculative…
“# Reddit rage as XRP price crashes 50% hours after hitting two-week highs ” XRP, the number four cryptocurrency by market cap, crashed nearly 50% in under two hours on Feb. 1 as a trading frenzy backfired on new investors. XRP/USD 1-hour candle chart (Bitstamp). Source: TradingView XRP traders nurse 48% losses Data from Cointelegraph…
“#Price of silver surges as Reddit traders find new target” Silver surged to its highest price in years on Monday as it became the latest target for a brigade of day-traders on Reddit. The precious metal was recently trading up about 9 percent at about $29.40 an ounce after rising above $30 for the first…
“# Elon Musk, Bitcoin and the Reddit raiders: 6 things to watch for BTC price this week ” Bitcoin (BTC) starts a new week with $30,000 intact and a message of support from the world’s richest man — what can we expect next? As trading resumes around the world, the largest cryptocurrency is still lacking…
“# Elon Musk: Bitcoin is on the verge of seeing broader acceptance by finance ” Bitcoin (BTC) is on the verge of seeing broader acceptance, Elon Musk, the CEO of Tesla, said in a Clubhouse conversation on Feb. 1. Clubhouse is an exclusive audio chat social media platform that is invite-only. Members can join various…
“# 85% Dogecoin rally shows Wall Street Bets aren’t done with DOGE yet ” After gaining the spotlight due to a 980% pump on Jan. 28, Dogecoin (DOGE) briefly entered the top 10 ranking by market capitalization for the first time since 2015. Once the massive pump lost momentum and traders quickly took profits, it…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP ” Over the past seven days, the crypto market saw an uptick in volatility as Bitcoin (BTC) and Dogecoin (DOGE) price rallied higher simply because of social media activity. In situations like these, traders who make their investment decisions based on emotions…